Atalanta Sosnoff Capital LLC Has $80.74 Million Stock Position in Walmart Inc. $WMT

Atalanta Sosnoff Capital LLC cut its position in Walmart Inc. (NYSE:WMT) by 1.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 825,739 shares of the retailer’s stock after selling 11,830 shares during the period. Walmart accounts for about 1.6% of Atalanta Sosnoff Capital LLC’s investment portfolio, making the stock its 21st biggest position. Atalanta Sosnoff Capital LLC’s holdings in Walmart were worth $80,741,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WMT. Vanguard Group Inc. increased its holdings in Walmart by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 431,817,510 shares of the retailer’s stock valued at $42,223,116,000 after purchasing an additional 5,856,468 shares in the last quarter. Kingstone Capital Partners Texas LLC boosted its stake in Walmart by 397,264.9% in the second quarter. Kingstone Capital Partners Texas LLC now owns 104,514,912 shares of the retailer’s stock worth $10,496,702,000 after purchasing an additional 104,488,610 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Walmart by 0.3% during the second quarter. Geode Capital Management LLC now owns 94,557,532 shares of the retailer’s stock worth $9,199,712,000 after purchasing an additional 263,718 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Walmart by 30.1% in the first quarter. Goldman Sachs Group Inc. now owns 33,292,749 shares of the retailer’s stock valued at $2,922,770,000 after buying an additional 7,706,201 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Walmart by 1.3% in the first quarter. Ameriprise Financial Inc. now owns 30,874,987 shares of the retailer’s stock valued at $2,710,665,000 after buying an additional 387,424 shares during the last quarter. 26.76% of the stock is owned by institutional investors.

Insider Activity

In other Walmart news, EVP John R. Furner sold 13,125 shares of the company’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $107.78, for a total value of $1,414,612.50. Following the completion of the sale, the executive vice president owned 892,940 shares of the company’s stock, valued at approximately $96,241,073.20. This represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO C Douglas Mcmillon sold 19,416 shares of Walmart stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $95.97, for a total transaction of $1,863,353.52. Following the transaction, the chief executive officer directly owned 4,392,985 shares in the company, valued at approximately $421,594,770.45. This represents a 0.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 137,888 shares of company stock valued at $14,241,903. 0.10% of the stock is currently owned by company insiders.

Walmart Stock Down 1.7%

Shares of Walmart stock opened at $105.29 on Monday. The business has a fifty day simple moving average of $103.52 and a 200 day simple moving average of $99.91. The stock has a market cap of $839.46 billion, a PE ratio of 39.58, a price-to-earnings-growth ratio of 4.83 and a beta of 0.67. The company has a quick ratio of 0.23, a current ratio of 0.79 and a debt-to-equity ratio of 0.43. Walmart Inc. has a 12 month low of $79.81 and a 12 month high of $109.57.

Walmart (NYSE:WMT) last issued its earnings results on Thursday, November 20th. The retailer reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $179.50 billion for the quarter, compared to analysts’ expectations of $175.15 billion. Walmart had a return on equity of 21.45% and a net margin of 3.08%.The company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.58 earnings per share. Walmart has set its FY 2026 guidance at 2.580-2.630 EPS. Research analysts predict that Walmart Inc. will post 2.55 EPS for the current year.

Analyst Upgrades and Downgrades

WMT has been the topic of a number of research analyst reports. The Goldman Sachs Group increased their price objective on shares of Walmart from $101.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, August 22nd. Wells Fargo & Company set a $120.00 price target on shares of Walmart and gave the company an “overweight” rating in a research note on Friday. Royal Bank Of Canada restated an “outperform” rating and issued a $116.00 price objective on shares of Walmart in a research report on Friday. Oppenheimer increased their price objective on Walmart from $110.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Walmart in a research note on Wednesday, October 8th. Thirty-one equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $118.55.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.